Remove Contracts Remove Financial Remove Sponsorships Remove Trade Shows
article thumbnail

Sponsor budgets are shrinking: How to build cost-effective event sponsorships that prove ROI

Socio Events

Every time I meet with an association or partner, they ask if I have any sponsorship options or ideas outside of the prospectus. As we move into a new era of events, today’s event organizers require creativity and flexibility to craft cost-effective sponsorship packages that promote sponsor visibility and drive ROI.

article thumbnail

Solving for Pricing, Sponsorships, and Skills Challenges When Going Digital

PCMA Convene

As for pricing sponsorships: This appears to be the Wild, Wild West right now. Not all contracts can be canceled free and clear, and there are, of course, sunk costs associated with a canceled face-to-face event. One of our clients recently pivoted their large trade show, very quickly, to a virtual meeting — in two weeks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When Is the Right Time to Host Your Event Live?

SmartMeetings

For example, do you have the resources (labor and financial) to ensure the safety of your guests? Finances and Contracting. If sponsorship dollars are an integral part of your event income, are your sponsors in a position to invest? The course stressed that meeting professionals have a responsibility to act with a Duty of Care.

Contracts 114
article thumbnail

How to Create Sponsorship Levels & Lock in Sponsors [Examples!] 

Eventmobi

Learn about sponsorship levels, why they work, and how to create them for your event. Detailed sponsorship level examples included! Securing the right sponsors can make or break your event—and the right sponsorship levels can exponentially raise your chances of success! What Are Sponsorship Levels? Let’s dive in.

article thumbnail

What are hybrid events and why are they the future of event marketing?

SpotMe Blog

With the right virtual event software , you can turn conferences, trade shows, company-wide events, sales events, and product launches into successful hybrid experiences. . Traveling is stressful for many, especially now when some people are still at high risk of contracting COVID-19.

article thumbnail

Top 4 Selection Criteria for Event Technology in 2023

Stova

For example, uniform hotel concessions and contract clauses add value and guard against excessive attrition and cancellation fees. In addition, modern budgeting tools gather financial information across your organization. Tip: Win lucrative sponsorships. There’s no doubt about it.

2023 52
article thumbnail

What Business Events Pros Learned in 2020

PCMA Convene

“Sure, I can say we should have hooked up with a technology company before the pandemic, to be ready to go virtual ‘just in case,’” said Jerry Lewis, president, Show Management Solutions, Inc. Andrea Berry, director of membership and conferences for the aviation non-profit RTCA, discovered “how vulnerable our event sponsorships were.”

2020 111